ECC allows provision of 500,000 MT wheat to KP during 2021-22
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ECC Approves Proposal of Refinance and Credit Guarantee Scheme for Collateral Free Lending to SMEs
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ECC Approves First Installment to 35 IPPs
The Economic Coordination Committee of the cabinet on Wednesday approved payment of the first installment to 35 IPPs out of a total 47, whereas payment to the remaining 12 IPPs (under Power Policy 2002) may be withheld owing to the NAB investigation.
Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the Economic Coordination Committee (ECC) of the Cabinet today.
Power Division presented a summary before the ECC regarding the release of the first installment of payment to IPPs. Secretary Power Division briefed the Committee about the recommendations of the sub-committee constituted during ECC last week. The ECC approved payment of the first installment to 35 IPPs out of total 47 whereas payment to the remaining 12 IPPs (under Power Policy 2002) may be withheld owing to the NAB investigation.